Tonghua Grape Wine Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 06:34 am EDT
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Tonghua Grape Wine Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 238.77 million compared to CNY 229.56 million a year ago. Revenue was CNY 238.77 million compared to CNY 229.56 million a year ago. Net loss was CNY 3.99 million compared to net income of CNY 0.600907 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.002 a year ago. Diluted loss per share from continuing operations was CNY 0.01 compared to diluted earnings per share from continuing operations of CNY 0.002 a year ago.
TONGHUAGRAPE WINE CO.,LTD is a China-based company principally engaged in the manufacture and e-commerce platform sales of wines. The Company's wine products include ice wines, sweet wines, dry wines and grape spirits. The Company distributes its products mainly in the domestic markets, including northeastern China, northern China, eastern China, southern China and northwestern China.